Tag: cibil rating

You have to improve your CIBIL score on the good track. In this case, many things you can do for it, but not all of you understand the reason to do this thing. When you have a good score, you will easily get the loan in the future. Therefore, everybody always wants to get the good score, especially for them with multiple accounts. They can spend more and push themselves to earn more. What do you think about it?

What is the Impact of Having Multiple Accounts?

Multiple accounts mean multiple enquiries. When you apply for a loan or credit card, the lender or the card issuer will make an enquiry. The more you have the loan, the more enquiries they are. The enquiries will influence your CIBIL report. This thing is same as when you have many accounts. It will make you confuse in making a priority and to repay all of them. Therefore, it would be better for you to not apply many accounts if you do not need it absolutely.credit application

Not all people will think that when you have many credit cards, then you are awesome! You have to notice its statement. You cannot fill your wallet or your pocket with many impressive and shiny plastics. It looks awesome for a while, but it gives you more than a pain forever. You will get the difficulties in managing those accounts. All of the bills, when it comes together, what will you do? How is about your proper need? You will look awesome for a while, but remember of your pain to repay all of it. You will never get your salary in hand, since might be all of it has to use for repaying the bill. You will indirectly become a credit hungry behavior and it is very bad to adapt.



good/bad credit

It is impochoose good creditrtant to learn about cibil rating. What to do when you receive a credit card you just created? Safety tips when receiving the credit card of which is to make sure the card you received was sent directly by the bank / credit card issuer and are in a sealed envelope.

You can soon the signed your credit card. If you’ve given a PIN, you should immediately change the PIN code of your own combination of numbers. Usually, the due date of payment of credit card bills there is mid-month. You can adjust the due date to finance yourself, for example, the maturity was changed to the end of each month. So once received a salary, you can immediately pay off the bill each month. This will prevent you from piles of debt.


How safe use of credit cards? Consider using a credit card safety tips below. You should never lend your credit card to someone else. Only you should wear it and keep secret checkthe personal information on your credit card, such as a PIN, expiry date, credit card limit, etc. Make a list of groceries you really need and you’ll soon buy. It is better to suppress the behavior of the consumer / wasteful for credit card holders.

When paying by credit card, check well the number of transactions on the sales draft, ensure equal the number of actual transactions. Note also that officials just one swipe your card for every transaction. Keep your credit card along with the draft transaction (as an archive) in a safe place. When you’re going to make a transaction online, make sure the site or person will transact with you reliable and safe for you. So that the bill did not swell, record each of your expenses in order to adapt to the monthly budget is predetermined. Read more.